One analyst noted that a full resolution is needed for the current upward momentum to be translated into a long-term bull cycle.
Bitcoin (BTC) surged Tuesday evening after President Donald Trump announced a temporary ceasefire with Iran, a move that sent the largest cryptocurrency higher and sparked a broader market repricing. Following Trump’s announcement, Bitcoin jumped nearly 5% and traded around $72,174 at the time of writing. Crypto market capitalization climbed from roughly $2.3 trillion to about $2.43 trillion as investors poured back into risk assets, while oil prices tumbled on the de‑escalation in the Middle East. Ceasefire Sparks Bitcoin Demand In his post, Trump said he had agreed to suspend strikes on Iran for two weeks, conditional on Tehran’s commitment to “COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.” The President added that he made the decision after conversations with Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, who asked him to hold off on military action. Related Reading: Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why Market experts also pointed to additional, proximate drivers of the rally beyond the geopolitical news. On social media platform X, DeFi Tracer identified large buys by major exchanges and market-makers immediately after the ceasefire was announced. According to the expert, Binance purchased 29,344 BTC, Coinbase bought 20,756 BTC, Kraken acquired 8,611 BTC, Wintermute bought 7,188 BTC, and Bybit picked up 5,191 BTC — transactions that together totaled about $4.5 billion in Bitcoin. Can BTC Clear $74,000? Despite the recovery, similar to those witnessed last month, a sustained breakout that could propel Bitcoin prices to 2025 levels is not assured. Investors should now focus on the $74,000 level, as it has acted as a significant resistance barrier over the past two months. Related Reading: Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000 BTC’s short-term direction will depend on its ability to clear and maintain above that price. The current gains might not last long if the $74,000 barrier proves to be resilient and buying demand wanes. However, a clear break above it would strengthen the bullish outlook. Featured image from OpenArt, chart from TradingView.com
Bitcoin is struggling to reclaim $70,000. The price chart is uninspiring. And beneath it, the participants with the longest time horizons and the strongest historical track record are buying more aggressively than they have in months. Related Reading: $82 Million In Ethereum Just Left FalconX: Discover Who Is Behind It A CryptoQuant report has identified a divergence that separates what the price is doing from what the market’s most conviction-driven participants are doing. Demand from accumulator addresses — wallets that historically only receive Bitcoin and never send it, representing the deepest form of long-term holding conviction — is rising sharply. The spot price, meanwhile, has not returned to its previous major high zone. These two data points are moving in opposite directions simultaneously. That divergence is the signal. When long-term wallets absorb supply aggressively while price remains suppressed, it suggests that the available sell-side supply is being quietly consumed by participants who are not concerned with where the price is today. They are positioning for where it will be later — and they are doing it faster than the current price action reflects. Bitcoin at $70,000 looks like resistance. The accumulator data describes it differently — as a price level where the most patient capital in the market has decided the risk is worth taking. The Signal Is Real. The Confirmation Is Not Yet. The report is precise about what the accumulator divergence means and — equally important — what it does not. A sharp rise in demand from long-term wallets while the price remains below its previous major high is a constructive development in market structure. It is not a breakout signal. It is the precondition for one, and the distinction between those two things is where most market participants make their most expensive mistakes. What makes the current reading meaningful is the direction of the demand. What makes it insufficient as a standalone signal is the absence of price confirmation. The report identifies the specific condition that elevates the accumulator signal from suggestive to convincing: the 30-day moving average of the metric must continue trending upward, and it must do so alongside price, establishing genuine acceptance at higher levels. One without the other is incomplete. Both together constitute a materially stronger case. The medium-term structural picture is improving. That is the honest assessment the data supports — not a new trend, not a confirmed breakout, but a foundation that is being quietly reinforced by the most patient capital in the market. Foundations do not guarantee buildings. They make them possible. Bitcoin’s accumulator data is lying one. The price has not yet been decided to build on it. Related Reading: Ethereum Trading on Binance Has Gone Quiet, Discover What Happens When That Changes Bitcoin Stalls Below Resistance as Range Structure Tightens Bitcoin is consolidating near $68,400, but the broader daily structure remains intact: this is a recovery within a downtrend, not a confirmed reversal. Price continues to trade below the 50, 100, and 200-day moving averages, all of which are trending downward and acting as dynamic resistance layers above. The February sell-off remains the defining structural break. Bitcoin lost the $90,000–$95,000 region and accelerated into a capitulation move toward $60,000, accompanied by a clear spike in volume. That event reset positioning and established the current trading range between approximately $62,000 and $72,000. Related Reading: Real Money Is Buying XRP. Leveraged Traders Are Still Shorting It. Discover What Usually Happens Next Since then, price action has tightened. The recent bounce toward $72,000 failed to hold, producing another lower high. Now, Bitcoin is compressing closer to the midpoint of the range, with volatility declining and volume normalizing. This type of contraction typically precedes expansion, but direction is not yet resolved. There is a structural detail worth noting: repeated failures near the 50-day moving average suggest sellers remain active on rallies. Until that level is reclaimed, upside attempts should be treated cautiously. A breakout above $72,000 would shift short-term momentum and open the path higher. A breakdown below $62,000 would likely trigger another wave of downside continuation. Featured image from ChatGPT, chart from TradingView.com
Bitcoin has been holding above $65,000 for over a month now, and this price level is starting to carry more weight than it seems on the surface. The current structure is no longer just about short-term volatility, but a question about whether the market is building a base or setting up for one more lower move to as low as $40,000 before any real rally begins. Another question now is not just where Bitcoin goes next, but how its next move shapes the timeline for an altcoin season. Analyst Warns Of Bear Case That Could Delay Altcoin Season A recent technical analysis from a chartist highlights a less favorable path for Bitcoin, one that could push the price action into another extended leg down. Related Reading: Signal That Led To Last 2 Altcoin Seasons Has Returned, And Here’s How Bitcoin Fits In The analyst describes this setup as a bear case scenario, noting that it is not the expected outcome but still a realistic possibility. In this structure, Bitcoin’s price action first moves higher into a resistance zone around the $78,000 to $82,000 region, where a previous breakdown occurred in late January. That optimism, however, could be short-lived. The projection shows price failing at that resistance and reversing sharply, leading to a deeper decline that sweeps previous lows and pushes the Bitcoin price below $40,000. According to the analyst, such a move would delay the formation of a macro bottom and push any meaningful altcoin season further out. There’s also a liquidity zone around a wick low in February. That wick is situated just above $60,000, where the Bitcoin price bottomed on February 6 before being quickly bought back up. The outlook is that this level still needs to be taken out cleanly before a sustained rally can begin. Without that sweep, upside moves will still be vulnerable to failure. A quick bottom from current levels would allow capital to rotate sooner into altcoins. A delayed sweep to levels, on the other hand, will keep liquidity tied up in Bitcoin for longer and postpone that rotation. A Drop Below $40,000 Looks Unlikely Even with that bearish scenario on the table, the price structure of Bitcoin is still against a sustained breakdown below $40,000. According to the analyst, there is only about a 40% probability that this scenario plays out. Related Reading: The 8-Year Ethereum Convergence That Says An Altcoin Season Stronger Than 2021 Is Coming On-chain data is showing strong support layers well above the $40,000 price level. For instance, Bitcoin’s realized price is still around $54,000, and this would act as a support even if Bitcoin were to fall below $60,000 and into the $50,000 range. Speaking of support, the Bitcoin price has managed to hold above $63,000 since the early February crash, despite macro headwinds like the war in the Middle East, oil prices rising, and multiple predictions of a further bottom below $60,000 and even some below $50,000 over the past two months. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin continued to hold near $68,000, a key long-term support level, this morning as traders waited for President Donald Trump’s latest deadline for Iran. The tension built after Trump said on Truth Social that “a whole civilization will die tonight” as his 8 P.M. Eastern deadline for a deal with Iran approached. The warning came […]
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Bitcoin is moving through a period of uncertainty, with prices yet to find a clear floor. There is no single level that guarantees where the correction will end. Instead, analysts are piecing together clues from past cycles, price behavior, and technical signals to understand what might come next. Where Buyers May Step In As prices …
Brokerage Charles Schwab said there is no "correct" allocation to crypto, and the decision depends on each investor.
A 33-day dry spell for solo Bitcoin miners ended last week when one small operator cracked a block that, statistically, should not have been cracked for decades. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline One Miner, One Block, One Very Long Shot The winning miner earned 3.139 BTC — worth roughly $210,000 — after successfully validating block 943,411 on April 3. The payout included the standard 3.125 BTC block subsidy and approximately 0.014 BTC in transaction fees. Data from mempool.space confirmed the transaction. The miner operated through CKPool, a platform built for independent operators who prefer to go it alone and keep most of what they earn. What made the win remarkable was the hardware behind it. The miner’s setup ran at just 230 terahashes per second. At the time, Bitcoin’s total network hashrate sat at approximately 1 zettahash per second. That put the miner’s share of global computing power at around 0.00002% — a slice so thin it barely registers. A solo Bitcoin miner with a small setup just hit the jackpot earning 3.139 BTC block rewards worth $210,000. His setup was so small, he should statistically win once every 76 years. pic.twitter.com/z7s1LxIhZT — Bitcoin Archive (@BitcoinArchive) April 6, 2026 CKPool developer Con Kolivas put the daily odds of success at roughly 1 in 28,000. Bitcoin Archive analyst Archie framed it differently: a miner at that power level should statistically win once every 76 years. This particular miner didn’t wait that long. Congratulations to miner bc1qtt7cr9cxykyp9g4hq47zf5lq9t97cxvq72lun3 with ~230TH for solving the 312th solo block at https://t.co/UWgBvLk5AE! A miner of this size has a 1 in ~28k chance per day of solving a block.https://t.co/dx3lUuDRbl pic.twitter.com/uiDOzZdHts — Dr -ck (@ckpooldev) April 2, 2026 A Pattern Of Unlikely Wins The April win marked the 312th solo block ever mined through CKPool, based on data from the Bennet solo-miner tracker. It snapped a 33-day gap since the previous solo success, recorded on February 28. But the result is far from an isolated case. Reports show a string of similar upsets over recent months. In December, a miner running at 270 TH/s walked away with more than $284,000. Before that, a setup running at just 6 TH/s — far smaller than the latest winner — pulled in around $265,000. A 200 TH/s rig scored approximately $350,000 back in September. Even rented computing power produced results: in late February, a miner reportedly spent about $75 on cloud hashrate and came away with close to $200,000 in rewards. Each of those wins carried odds steep enough to discourage most rational participants. And yet they kept happening. Related Reading: Bitcoin Mood Sours To Levels Not Seen Since Late February Big Miners Head In A Different Direction While independent operators occasionally pocket life-changing sums, large mining companies have been moving away from holding Bitcoin. Riot Platforms sold 3,778 BTC in the first quarter of 2026, generating roughly $289 million, while still holding 15,680 BTC at quarter’s end. MARA Holdings moved even faster, selling more than 15,000 BTC between early and late March to raise approximately $1.1 billion, using the proceeds to handle debt-related obligations. Featured image from Meta, chart from TradingView
Crypto analyst Kabuki has explained why the Bitcoin rainbow chart shows that the price range is above $60,000. The analyst noted that BTC is mirroring past cycles and suggested that a base may be forming soon for the leading crypto. Bitcoin Rainbow Chart Shows Why Price Is Ranging In an X post, Kabuki said that Bitcoin is stuck between $65,000 and $68,000 for a reason and that this isn’t random but simply BTC repeating history. He noted that in 2017, a base formed, which led to a parabolic expansion. The same happened in 2021, which again led to a parabolic expansion. Related Reading: Major Catalysts To Watch Out For That Could Send Bitcoin Price To $90,000 Kabuki stated that the same structure is playing out again for Bitcoin this time around and that this range is an accumulation phase before the breakout. His accompanying chart showed that the leading crypto is likely to rally as high as $400,000 in the next bull cycle, with a top likely in 2029. Meanwhile, the chart also confirmed that a bottom may be forming soon, with the current range a good buy zone. However, Kabuki suggested that there is still the possibility of Bitcoin dropping to $42,000. In another X post, he said that BTC is perfectly following a descending channel pattern with the drop from its all-time high (ATH) around $125,000. The analyst predicted that the leading crypto could drop from $69,000 to $42,000 as this bearish pattern continues to play out. He added that lower highs plus more lower highs will lead to the last shakeout before the rally to $200,000. BTC Back Inside The Bear Flag In an X post, crypto analyst Colin stated that Bitcoin is back inside the bear flag, providing optimism about a bullish reversal. However, he warned that the highest the market may see is a short-term BTC rally to $80,000 if the U.S.-Iran war actually ends. The analyst added that Bitcoin will have to prove itself by first breaking above the resistance levels immediately ahead. Related Reading: Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week Colin reiterated that any short-term pump in Bitcoin will eventually be sold off and that the downtrend will resume in time. As such, he opined that any pump will be a chance to offload heavy positions rather than as a shot at new ATHs. The analyst also agreed with another analyst’s view, noting that the broader trendline is looming despite Bitcoin’s return within the channel. The analyst stated that there will be a true change in structure only if BTC breaks this trendline. He added that this could happen at lower levels, but that it is hard to say this was the bottom range. At the time of writing, the Bitcoin price is trading at around $68,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
On-chain data shows the Bitcoin network has seen a spike in profit transactions, something that has often led into local price tops in the past. Bitcoin Has Seen Its Highest Profit-To-Loss Transfer Ratio In 12 Weeks In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the ratio of profit and loss transactions taking place on the Bitcoin network. A transfer is categorized as a ‘profit’ one when the tokens involved in it had a last transaction price lower than the latest one. Similarly, transfers with coins of the opposite type fall into the ‘loss’ category. Related Reading: Bitcoin Sharks & Whales Capitulate: Realized Loss Exceeds $200M Below is the chart shared by Santiment that shows the ratio between the number of transactions falling in each group over the last few months. As is visible in the graph, the ratio has witnessed a rapid surge for the Bitcoin blockchain recently, indicating profit transactions have outpaced the loss ones. Currently, the metric has a value of 2.95, which means that traders are making nearly three profit-taking moves for every loss-taking transfer. This is the highest level for the indicator in about 12 weeks. In the chart, Santiment has highlighted past spikes in the metric. “Historically, this has been a short-term price top signal,” noted the analytics firm. Given this pattern, it now remains to be seen whether the latest surge in the ratio will also align with a local peak. In some other news, Bitcoin started the weekend with the most fearful social media sentiment in five weeks, as pointed out by Santiment in another X post. The indicator shown in the chart is the “Positive/Negative Sentiment,” tracking the ratio between bullish and bearish comments related to Bitcoin on the major social media platforms. This metric observed a drop to 0.81 on Saturday, corresponding to there being five negative posts for every four positive ones. The trend naturally suggests that all the market uncertainty like the Iran war and continued lackluster BTC price action induced FUD among retail traders on social media. Related Reading: Ethereum Drops Nearly 5% As Familiar Leverage Setup Plays Out While the market sentiment turned bearish, the analytics firm had noted in the post, “Remember that markets typically move the opposite direction of the crowd’s expectations.” Bitcoin has made some recovery to kickstart the new week, so it’s possible that this contrarian effect of the crowd mood may be what has once again affected the cryptocurrency’s trajectory. BTC Price Bitcoin has returned back to $69,200 following its recovery surge. Featured image from Dall-E, chart from TradingView.com
MARA Holdings' strategic pivot to AI and data infrastructure highlights a broader industry trend of diversifying beyond Bitcoin mining.
The post MARA Holdings moves $17 million in Bitcoin after massive selloff, job cuts appeared first on Crypto Briefing.
More than 8 million wallets now hold XRP — a milestone that comes even as the token’s price sits well below where it stood less than a year ago. Related Reading: XRP Headed For A Price Shock, Japan’s Financial Heavyweight Says A Market Still Chasing Its Peak XRP traded at $1.35 on Monday, up roughly 4% on the day, but still more than 60% below the $3.65 high it hit in July 2025. Despite that gap, activity on the XRP Ledger has kept climbing. Wallet counts crossed 8 million, according to on-chain data, a figure that continues rising regardless of where the price stands. Most of those wallets belong to retail holders with relatively small balances. A much smaller group controls the bulk of the supply. Trading volume told a different story entirely. Data from CoinGlass put XRP’s combined spot and futures activity at $3.86 billion in a single 24-hour window — $3.25 billion of that coming through futures markets and $605 million through spot trading. Open interest stood at $2.50 billion, a sign that traders are not just moving in and out quickly but holding positions. Binance led all exchanges in futures open interest, posting $140 million. Upbit followed at $111 million, with Coinbase close behind at $85 million. That spread across both global and US-based platforms points to broad participation rather than activity concentrated in one region. Despite a softening of the $XRP price that began in July 2025 (shown in black), wallets continue to climb (shown in blue). ????8.1M #XRP Ledger wallets as of April 4, 2026 Source: CryptoQuant pic.twitter.com/vSpOd94jg7 — ????Eri ~ Carpe Diem (@sentosumosaba) April 5, 2026 Volume Climbs Across Borders XRP’s market cap sat at $82 billion during the same period. The numbers came on a day when broader crypto markets were also moving. Bitcoin briefly pushed back above $69,000, gaining 4% after reports emerged of a possible easing in Middle East tensions. Whether that momentum would carry over to major altcoins like XRP remains unclear. Some believe that the high trading volume was an indication of a possible buy pressure before a bigger move. Others attributed the high volume of futures to the large weight of the derivative instrument as compared to spot trading. This means that the high trading volume of futures might not have represented the same conviction as spot trading. Related Reading: Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst Retailers Lead, Institutions Monitor The wallet analysis of XRP indicates that the cryptocurrency network is still dominated by ordinary people instead of big organizations. Millions of wallets have little XRP holdings while the few wallets dominate the majority of XRP supply. The data indicates that such a distribution model has remained the same despite the fall in price since its all-time high last year. With the high volume of trading, increasing wallets, and stagnant prices, analysts are wondering how XRP will proceed in the future. Featured image from Meta, chart from TradingView
Between January and March 2025, the wallet accumulated 513 BTC, worth $50 million at the time, according to Arkham data.
Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of strain rather than conviction. Sentiment Turns Sharply Sour Social chatter around Bitcoin has weakened fast. Data from Santiment shows the bullish-to-bearish ratio has slipped to 0.81 to 1.00, its lowest reading since February 28. ????️ According to social data across X, Reddit, Telegram, and other platforms, Bitcoin is seeing the highest ratio of bearish discussions (fear) since February 28th. With crypto’s #1 market cap sitting at $66.8K, FUD has crept back in with the community showing a key lack of… pic.twitter.com/Ym7SbUC22I — Santiment (@santimentfeed) April 4, 2026 The drop reflects a market that has grown tired of sideways trading and more nervous about what comes next. Bitcoin has spent much of 2026 moving without much follow-through, and that has worn down confidence across X, Reddit and Telegram. That shift matters because sentiment often bends before price does. The report points out that Bitcoin has repeatedly moved opposite the crowd when fear gets loud enough. Even with the mood turning darker, the coin has not broken down sharply. It has simply kept circling the same level. Bitcoin’s latest struggle is not a small one. It is making a seventh attempt since early February to break above $70,000. The price was around $69,550 at the time of publication, after briefly falling to $60,000 on February 5. The report also says Bitcoin remains about 45% below its record high of $126,080, set on October 6, 2025. Traders Watch The Liquidation Map The futures market adds another layer. Coinglass data cited in the report shows that short positions are heavily packed near $72,500, while about $2 billion in long positions sit closer to $65,000. That gap leaves the market leaning one way. If price pushes higher, some traders could be squeezed out fast, which may add fuel to the move. The report also ties part of the weakness to outside pressures. Geopolitical tension, including the US-Iran conflict, and uncertainty around the Clarity Act are both being framed as drag on sentiment. Those issues do not move Bitcoin on their own, but they can keep buyers cautious when the market is already stuck. Related Reading: Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’ On-Chain Data Says The Market Has Not Fully Reset Longer-term signals are less comforting. CryptoQuant data cited in the report shows Bitcoin still trading above its realized price of $54,279. That figure is often treated as a rough dividing line between normal market conditions and deeper stress. The coin has usually had to fall below that level before a stronger accumulation phase takes hold. Featured image from Unsplash, chart from TradingView
The return in inflows reflects renewed confidence among institutional participants in the crypto market, analysts said.
As Bitcoin (BTC) attempts to reclaim a key resistance area, an analyst has suggested that the end of BTC’s two-month consolidation could be weeks away, potentially opening “generational opportunities” before the next bull run. Related Reading: Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week Bitcoin Consolidation’s End May Be Weeks Away On Monday, Bitcoin jumped 5% from Sunday’s lows to a key area for the first time in April. Notably, the flagship cryptocurrency has been trading between $62,000-$74,000 over the past two months but has not reached the upper end of its range since late March. Now, BTC is retesting the $69,000-$70,000 resistance area, which could set the stage for a crucial short-term move. Market observer Ted Pillows stated that if the cryptocurrency reclaims this zone, a rally towards $72,000-$74,000 could happen. On the contrary, a rejection would likely see Bitcoin drop to the $65,000-$66,000 support zone, where price has held over the past month. In an X analysis, Ali Martinez noted that the UTXO Realized Price Distribution (URPD) shows the flagship cryptocurrency is “stuck in a ‘No-Trade Zone.’” Per the post, “the URPD shows exactly where every BTC last moved,” with a massive cluster of holders between $70,685-$63,111. “As long as we trade here, millions of holders are incentivized to defend their ‘buy-in,’ creating a natural floor,” he added. Nonetheless, analyst Max Crypto affirmed that BTC’s “decision time is very close,” suggesting that it could see its next big move unfold in the upcoming weeks, based on its previous price action. As he explained, the leading crypto has shown the same performance over the past year, consolidating for 8-15 weeks before the last four big moves. This time, Bitcoin has been moving sideways for 8 weeks, entering its 9th consolidation week on Monday. Based on its previous performance, the market watcher considers that “BTC’s next big move will most likely happen by mid-April, irrespective of US-Iran talks, and will probably be to the downside.” Where Is BTC’s Final Support Located? In his X post, Martinez also analyzed multiple patterns and on-chain metrics to map out BTC’s high-probability accumulation zones and potential bottom. Notably, he highlighted that Bitcoin is approaching its most significant support floor since 2017: an ascending trendline that has guarded its price for nine years, and every retest has preceded a parabolic expansion. This trendline currently sits around the $60,000 and $56,000 levels and could be “the potential launchpad for the next major bull cycle” if it holds. In addition, he outlined three metrics that could mark the “line in the sand” and the best buying opportunities for BTC: the Cumulative Value Days Destroyed (CVDD), the MVRV pricing bands, and the Long-Term Holder (LTH) Realized Price. Related Reading: Bitcoin’s 85% Crash Era Is Over: ‘It’s Now A Proven Technology’, Cathie Wood Says The CVDD, which “tracks when ‘Old Hands’ pass BTC to new buyers, creating a structural foundation for the entire market,” is currently around $47,960. Meanwhile, the MVRV 0.8 Band, located around $43,647, has historically marked the bottom and “the exact zone where BTC sellers exhaust themselves and the ‘Strong Hands’ take over the supply.” Lastly, Martinez noted that the LTH Realized Price, currently at $49,387, is often the final support. However, he added that if the price dips below this level, “it signals a final capitulation phase, especially if the -0.2 Std Dev band at $36,657 is hit” at what he deemed “Generational Buy” levels. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin is still far from triggering the three signals that have historically appeared at the end of bear markets, according to analyst Willy Woo. Bitcoin Is Still Trading Far Below The Cost Basis Of Recent Investors In a new post on X, analyst Willy Woo has listed the three things that tend to happen at the end of bear markets. The first signal is the price breaking the cost basis of the short-term holders (STHs). The STHs refer to the investors who purchased their coins within the past 155 days. As such, the cost basis of this group represents the break-even level of the recent buyers of the cryptocurrency. Related Reading: Bitcoin Sharks & Whales Capitulate: Realized Loss Exceeds $200M As the below chart shared by Woo shows, Bitcoin fell under the STH cost basis during past bear markets and maintained there, suggesting that the new entrants remained underwater. As is visible in the graph, Bitcoin also slipped under the STH cost basis alongside the bearish shift in Q4 2025 and since then, it has stayed below this level, with the gap widening over time. Historically, the cryptocurrency’s price has broken back above the STH cost basis at the end of bear markets (as highlighted with circles in the chart). Another thing that has tended to follow this phase shift is fresh buying from investors. This second signal gives rise to the third one: a reversal of trend in the average acquisition level of the STHs. From the chart, it’s apparent that the STH cost basis shows a downtrend during bear markets. This is a natural result of coins changing hands at the lower bear market levels, pushing the average break-even level lower. As a transition away from a major bearish phase occurs, investors start buying at higher prices, causing the STH cost basis to see an upward reversal. Related Reading: Ethereum Drops Nearly 5% As Familiar Leverage Setup Plays Out Under the post, a user asked asked Woo to elaborate. To which, the analyst responded with: Given price is not even close to the cost basis of recent investors, and that cost basis is dropping each day… there’s no point in buying until a cross becomes imminent. Bear markets are about patience. At the moment, the Bitcoin STH cost basis is floating around $81,000, implying that the recent buyers are holding a net unrealized loss of more than 14%. It now remains to be seen how long it will be before the cryptocurrency will be able to find a break back above the level. BTC Price Bitcoin ended last week under the $67,000 level, but the digital asset has kicked back up to start Monday, with its price recovering to $69,500. Featured image from Dall-E, chart from TradingView.com
West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 — a modest 3.30% gain that nevertheless sent shockwaves through the derivatives market. Related Reading: Bitcoin Stumbles Hard: The Worst Q1 In Years Raises Big Questions Short Sellers Take The Hardest Hit Over $276 million in leveraged positions were wiped out in 24 hours, hitting 80,200 traders across crypto derivatives platforms. The damage was not spread evenly. Bears took the brunt of it. According to CoinGlass data, short positions accounted for $188 million of the $210 million liquidated in just the 12-hour window around the price surge. Long liquidations, by comparison, came in at $24 million. Traders who had been betting on a continued decline were caught flat-footed as Bitcoin pushed back toward the $70,000 mark it has repeatedly failed to hold since early February. The asset remains well off its best levels. Bitcoin set an all-time high of $126,000 on October 6, 2025. At current prices, it is trading roughly 45% below that record — context that puts Monday’s rally in sharper perspective. A Squeeze Could Still Be Coming The positioning data tells an uneven story. Based on CoinGlass figures, more than $6 billion in short positions are stacked near $72,500. If Bitcoin pushes up to that level, those positions could be forced to close in rapid succession. On the downside, about $2 billion in long positions sit near $65,000 — a smaller but real risk if momentum fades. That gap between short and long exposure is what has some traders watching closely for a possible extended squeeze. Bitcoin has made six runs at $70,000 since slipping below it in early February. Each attempt has fallen short. Monday’s move is the latest test of that resistance, and it arrives against a backdrop that is anything but calm. Related Reading: Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst Energy Shock Adds Pressure On All Fronts A standoff over the Strait of Hormuz has been tightening its grip on global energy markets since late February. Iran has rejected ceasefire terms, insisting compensation for war-related damage must be addressed before the strait reopens. Oil prices have surged as a result. US gasoline costs are up sharply, and broader inflation fears have followed. US President Donald Trump has called for Iran to reopen the waterway, citing global trade concerns. Reports indicate he has also suggested a deal with Iran may be within reach, while warning of severe consequences if talks collapse — including potential US control over Iranian oil resources. Featured image from Unsplash, chart from TradingView
A crypto analyst has presented a new roadmap for Bitcoin (BTC), outlining his interpretation of past events and forecasting the market’s next possible moves in the coming months. The analyst also shared insights into the market’s psychology during key periods in the current cycle. While he reveals how to trade in this shaky environment, the analyst also projects that Bitcoin could hit a new all-time high of $215,000 soon. His overall analysis suggests that Bitcoin may still be in a bull market despite recent price crashes and analysts’ claim that it has entered its cyclical bear phase. A Look At Bitcoin’s Past Cycle Moves In an X post on April 5, crypto market analyst Nehal shared his Bitcoin roadmap for 2026 and several strategies for trading and navigating this cycle. The analyst presented a psychology chart that captures investors’ sentiment stages for each month in a bull and bear market, highlighting how these emotions can drive trading decisions as the market moves. Related Reading: Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now? Starting in February, Nehal described the month as a classic bear trap phase. He noted that during this period, Bitcoin’s price remained low as many investors remained in disbelief, doubting that any emerging rally would hold. At the same time, smart money quietly accumulated positions while others hesitated, seeing any small price bounce as fake. As March unfolded, the analyst noted that the market experienced a final shakeout. Here, weak hands were forced to sell their bags amid the downtrend, even as momentum began to shift upward. By the end of the month, the chart shows that optimism had grown among investors, who began to believe the rally was real, setting the stage for a broader bull run. Now in April, Nehal believes that the long-anticipated altcoin season is taking hold, signaling a capital rotation from Bitcoin into other cryptocurrencies. The chart shows that during this period, thrill and FOMO are expected to dominate the market as investors take longer positions and confidence slowly peaks before BTC’s projected all-time high. What’s Next For The Market Looking ahead to May, Nehal has projected that Bitcoin could reach its next peak near $215,000, marking a more than 200% increase from its current price above $69,000. During this period, early holders may begin taking profits while late buyers rush in. The chart shows that euphoria would be at its highest at this stage as greed spreads and many traders, unfortunately, end up buying near the top. Related Reading: Bitcoin Price To $80,000: How The February Bullish Trend Can Push It 20% Higher In June, Nehal predicts that a bull trap will likely emerge, giving late buyers the illusion that the rally is continuing. His chart indicated that while prices may rebound briefly, anxiety will increase as leveraged positions face possible pressure. Essentially, Bitcoin traders who entered the market near the peak will probably start realizing losses, signaling the start of a downturn. Finally, during July and August, the market is expected to shift into a distribution phase that could lead to a bear market. Nehal’s chart shows that denial may fade at this time as investors place the blame on external factors. Around the same time, Bitcoin could finally hit its price bottom as late buyers likely sell their holdings and exit the market in frustration. Concluding his analysis, Nehal emphasized the importance of trading smartly and maintaining liquidity. He also advised traders to prepare in advance and position themselves strategically, warning that failing to do so could result in major losses. Featured image from Getty Images, chart from Tradingview.com
Bitcoin price started a decent increase above the $68,800 zone. BTC is trimming gains and might revisit the $67,500 support zone. Bitcoin gained pace for a move above the $68,500 and $68,800 levels. The price is trading above $68,000 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $69,250 and $69,500 levels. Bitcoin Price Trims Gains Bitcoin price managed to climb higher above the $68,000 resistance zone. BTC gained pace for a move above the $68,500 and $68,800 levels. The price even climbed above $70,000 but failed to remain in a positive zone. A high was formed at $70,463, and the price started a downside correction. There was a move below the 23.6% Fib retracement level of the upward move from the $65,688 swing low to the $70,463 high. Bitcoin is now trading above $68,000 and the 100 hourly simple moving average. There is also a bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair. If the price remains stable above $67,500, it could attempt a fresh increase. Immediate resistance is near the $69,350 level. The first key resistance is near the $69,800 level. A close above the $69,800 resistance might send the price further higher. In the stated case, the price could rise and test the $70,500 resistance. Any more gains might send the price toward the $71,500 level. The next barrier for the bulls could be $72,000. More Losses In BTC? If Bitcoin fails to rise above the $69,350 resistance zone, it could start another decline. Immediate support is near the $68,000 level. The first major support is near the $67,800 level. The next support is now near the $67,500 zone or the 61.8% Fib retracement level of the upward move from the $65,688 swing low to the $70,463 high. Any more losses might send the price toward the $66,800 support in the near term. The main support now sits at $65,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $68,000, followed by $67,500. Major Resistance Levels – $69,350 and $70,500.
Notorious high‑leverage trader James Wynn has been liquidated yet again as Bitcoin ripped higher, marking his sixth wipeout in just two weeks. Wynn Bites The Bitcoin Dust…Again To no one’s surprise, James Wynn, the trader famous for turning extreme leverage into both spectacular wins and equally dramatic collapses, has fallen once more. In a post from today on the social network X, Lookonchain highlighted the on‑chain Hyperliquid wallet data that confirms the trader’s most recent forced position closure at around $68k. James Wynn(@JamesWynnReal) has been liquidated again due to the market rally. In just the past 2 weeks, he has been liquidated 6 times!https://t.co/Gk9K9GXeel pic.twitter.com/qICzgl6T3w — Lookonchain (@lookonchain) April 6, 2026 On‑chain data linked by Lookonchain and Hypurrscan shows this was his sixth forced closure over roughly two weeks. Every single attempt to fade the move higher ended in a full liquidation rather than a controlled stop. Research tracking his Hyperliquid wallet counts at least 194 historical liquidations before this streak, meaning these six are happening on top of an already brutal track record. On-chain wallet data confirming the liquidation. Source: Hypurrscan. A History Of Spectacular Collapses At his peak in 2025, Wynn’s public Hyperliquid account reportedly sat on more than $80 million dollars in profit after a string of oversized perp bets on Bitcoin and memecoins. Wynn was one of the earliest supporters of $PEPE, that went to reach billions in valuation. The turning point came with a now‑infamous 40x Bitcoin long that ballooned into roughly $1.2–1.25 dollars of notional size, with a liquidation level just a few thousand dollars below spot. Related Reading: Ripple Makes A $13 Trillion Bet With This Move, And XRP Price Could Be Set To Explode Instead of walking away, Wynn doubled down on the same playbook. In late May and early June, he followed with a streak that led to at least nine liquidations on a single wallet and cumulative losses approaching $22 million. By the time 2025 drew to a close, Wynn had been liquidated so often that entire articles and research notes treated him as a case study in what hyper‑leverage does to even big accounts. Bullish on $BTC? James Wynn(@JamesWynnReal) has closed his short and flipped long on $BTC. Aguila Trades(@AguilaTrades) is doubling down, increasing his long to 2,201 $BTC ($238M).https://t.co/FX6sISWuDPhttps://t.co/1Aq6gywbqf pic.twitter.com/HB61RN0Gnv — Lookonchain (@lookonchain) June 29, 2025 Now, since mid‑March 2026, Wynn has kept leaning into fresh high‑leverage Bitcoin shorts, typically cranking exposure up to around 40x with notional sizes between roughly $44k and 190k. The trader saw another complete wipeout hit his account on March 25, and by the end of the month three different 40x BTC shorts had all been blown out by relatively modest price bumps. With that kind of leverage, Bitcoin only had to nudge a few percent higher for each position to slam straight into its liquidation level. Why His Strategy Keeps Falling Wynn has become a symbol of the current environment of the crypto market: hyper‑volatile, over‑levered, and unforgiving to FOMO shorts and revenge trades. A live red-flag warning sign. You need to watch this whale! Over the past 2 days, he has deposited 8,200 $BTC($559M) into #Binance. Every time he deposits $BTC, the price drops. Yesterday, I warned when he made a deposit — and soon after, $BTC dropped over 3%.https://t.co/8D2y9MbfFn pic.twitter.com/IyjYXvW8sx — Lookonchain (@lookonchain) February 13, 2026 Each of Wynn’s new shorts has been opened into strength, with Bitcoin grinding higher and short positioning already crowded, making his entries perfect fuel for squeezes rather than smart contrarian trades. At 40x leverage, a move of about 2.5 percent against the position is enough to wipe him out completely, so every standard post‑ETF rally or short‑covering spike becomes a death sentence for his margin instead of an opportunity to add. Related Reading: Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week Wynn’s six liquidations signal show how structurally dangerous it is to short a trending Bitcoin market with casino‑level leverage and no room for error. His chain of spectacular failures means his positions are now treated almost like a sentiment indicator. At the moment of writing, BTC trades for the highs $69k on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.
Bitcoin rose with the rest of the crypto market on Monday after President Donald Trump struck a mixed tone on a possible deal with Iran to reopen the Strait of Hormuz, prompting a relief rally that lifted prices but left the broader market setup unresolved. According to CryptoSlate's data, the largest cryptocurrency briefly climbed above […]
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Bitcoin investors hoping for a quick recovery may need to be patient. That is the message from Katie Stockton, founder and managing partner of Fairlead Strategies, who appeared on CNBC’s Squawk Box this week. Bitcoin Is Boring Right Now and That Is the Point Stockton’s Bitcoin read was measured but clear. She sees the current …
The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000, likely marking Bitcoin’s final bottom. Bitcoin Price Faces Possible Crash To $29,000 Market expert LavaXBT has shared two possible scenarios for Bitcoin’s next move. However, the analyst appears to be leaning more bearish, projecting that BTC could fall again, hitting levels not seen in years. In his “macro update,” shared on X, the analyst predicts that Bitcoin could first decline to $45,000 before plunging toward a possible price floor around $29,000, as shown on the chart. Related Reading: XRP Analyst Reveals Why The Altcoin Is Set To Hit $27 LavaXBT noted that his previous thesis for the first quarter of 2026 did not play out as expected, despite most technical indicators aligning. He attributed this deviation to a lack of trading volume and the ongoing geopolitical tensions affecting the market. Recently, financial markets have been experiencing significant volatility as investors’ fear grow amid the US-Iran war. While Bitcoin appears resilient, the conflict and reduced confidence could still put significant pressure on its price. Given the analyst’s bearish outlook, he plans to short Bitcoin if its price jumps back up to $73,000, $78,000, and possibly $80,000. He emphasized that the current environment is not ideal for trading, given Bitcoin’s low volume and how unpredictable its price action has become. Also, LavaXBT believes that a decline in Bitcoin could affect the broader altcoin market. He predicts that if BTC crashes to $29,000, then altcoins will likely fall harder. He also expects most altcoins to return to their 2022 crash prices or drop even lower. As a result, the analyst has warned against buying altcoins at random levels. Rather, he suggests that traders and investors should wait for Bitcoin to hit strong support levels before considering accumulating altcoins. He highlighted the importance of patience, noting that he would wait and focus on higher opportunities as the Bitcoin price navigates the current bear market. Related Reading: Pundit Predicts How Long It Will Take For The XRP Price To Reach $20 Analyst Highlights BTC’s Possible Upside While he projects that Bitcoin could fall to $29,000, which is a more than 58% decline below its current price of over $69,000, LavaXBT has also outlined the potential for a strong upside. In his price chart, the analyst noted that the likelihood of Bitcoin reaching an all-time high in this cycle would only increase when it reclaimed the swing high around $93,000. Once Bitcoin exceeds this resistance zone, LavaXBT noted that the cryptocurrency must close above $120,000 before it can confirm its uptrend and establish higher highs. If this happens, he believes the target for the next macro upswing is around $160,000, exceeding BTC’s current all-time high of $126,000 by roughly 27%. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran. Bitcoin Is Still At Risk As The Price Is Yet To Form A Bottom In an X post, LP stated that Bitcoin hasn’t shown a true bottoming formation and suggested that the leading crypto isn’t yet close to a bottom. He alluded to previous bear cycles, noting that bottoms were formed after multiple sweeps of the lows, which forced capitulation before BTC made a reversal. Related Reading: Bitcoin Price Breakdown To $45,000: The Levels To Watch Out For Next Steps However, the analyst noted that this time has been different, with Bitcoin consistently sweeping the highs, making it difficult to enter short positions while leaving the lows exposed and building liquidity below. He declared that it is likely a matter of time before price targets lower wicks, which can then lead to a proper bottoming process ahead of the next bull cycle. LP stated that when that breakdown eventually happens, market participants need to watch the price action closely. He remarked that a true bottom is likely forming when price starts repeatedly sweeping the lows, making it psychologically difficult to enter longs. It is worth noting that Bitcoin has been on a recovery since the February 6 lows and has yet to form a new low. Bitcoin’s recovery has come amid the U.S.-Iran war, with the leading crypto holding strong above key support levels despite escalating tensions. BTC is now looking to reclaim the psychological $70,000 level amid reports that the U.S. and Iran are working on a 45-day ceasefire to end the war. A Decline To $63,000 Still On The Cards In another X post, LP stated that it is only a matter of time before the $63,000 level gets swept. He noted that price remains range-bound and that both sides will continue to get chopped, but that the target remains clear. As such, the analyst advised that the best approach is to enter at the extremes of the range. “Even with a bearish HTF bias, 63–62K stands out as a solid area for hedge longs against the short from 73K,” he added. Related Reading: Bitcoin Price To $80,000: How The February Bullish Trend Can Push It 20% Higher Commenting on the lower time frame, LP noted that high-leverage short clusters have been cleared, while larger clusters remain overhead, extending to the $75,000 level. Meanwhile, to the downside, he stated that long liquidation clusters are building around $66,000, adding liquidity below. Overall, the analyst revealed that liquidity remains more concentrated to the upside, but that as long as the price remains range-bound, both sides are likely to be cleared. At the time of writing, the Bitcoin price is trading at around $69,100, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Michael Saylor's Strategy acquires 4,871 BTC for $330 million resuming digital asset purchases amid Q1 unrealized losses.
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Michael Saylor’s firm, Strategy, added 4,871 #Bitcoin to its portfolio between April 1 and April 5, spending approximately $329.9 million at an average price of $67,718 per BTC. This brings the company’s total holdings to 766,970 BTC, acquired for about $58.02 billion at an average cost of $75,644 per coin. The move underscores Strategy’s long-term …
With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows no sign of pulling back. Related Reading: Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst Saylor’s Orange Dot Returns Michael Saylor posted what followers recognized immediately: the orange dot chart his company uses to signal a fresh round of Bitcoin buying. The post, shared on X over the weekend, came with a simple caption — “back to work” — after Strategy sat out the previous week without making a single purchase. The company is expected to confirm the exact amount acquired when it releases its weekly disclosure on Monday. Strategy, which rebranded from MicroStrategy, now holds 762,099 Bitcoin. At current prices, those coins are worth just close to $51 billion. The company paid an average of $75,699 per coin, meaning the current market price leaves it underwater by about 11%. ₿ack to Work. pic.twitter.com/mbZTWiNUct — Michael Saylor (@saylor) April 5, 2026 Dilution Risk Shadows The Bitcoin Bet To keep buying, Strategy relies on selling shares — both common stock and preferred shares — to raise cash. Reports indicate the company still has billions of dollars in at-the-money share offerings available. One preferred share program, known as STRC, recently pulled in enough funds to purchase more than 1,800 Bitcoin on its own. But the math is getting harder to ignore. Strategy’s net asset value premium has slipped below 1, which means the market is no longer valuing the stock above the worth of the Bitcoin it actually holds. When that premium disappears, the case for buying the stock instead of Bitcoin directly becomes harder to make. Continued share sales chip away at existing shareholders by increasing the total number of shares in circulation. If Bitcoin were to climb back to its record high of $126,300, the company’s current stash would be worth more than $96 billion — a number that makes the dilution argument easier to stomach for believers in the trade. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline Stock Chart Flashes Warning Signs The technical picture for MSTR is grim by most standard measures. The stock traded at $120 at the end of last week, down from an all-time high of $542. It has broken below a key support level at $2320 — a floor it held as recently as March of last year. A death cross has formed on the chart, with the 50-day moving average crossing beneath the 200-day moving average. The stock has also stayed below its Supertrend indicator since August, a pattern that signals a sustained downward trend under conventional technical analysis. Featured image from Pexels, chart from TradingView
Bitcoin has climbed back above the $70,000 mark, hitting its highest level in the past 10 days. The move was quick, with BTC jumping around 3.6% in just 12 hours, triggering over $258 million in liquidations, $233 million of that from short positions. Can Short Squeeze Fuel the Rally Higher The breakout was largely fueled …
At 8:30 on a Friday morning, the Bureau of Labor Statistics dropped one of the more surprising jobs reports of the past year. The US economy added 178,000 jobs in March, and the unemployment rate ticked down to 4.3%. When put against a Wall Street consensus calling for roughly 57,000 nonfarm payrolls, the number was […]
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